Canadian Utilities Limited Eligible Dividends
10 January 2020 - 9:00AM
Canadian Utilities Limited (TSX: CU, CU.X)
The Board of Directors of Canadian Utilities Limited, an ATCO
Company, today declared a first quarter dividend of 43.54 cents per
Class A non-voting (TSX:CU) and Class B common share (TSX:CU.X), a
three per cent increase over the 42.27 cents paid in each of the
four previous quarters. This common share dividend is payable
March 1, 2020, to shareholders of record on February 6, 2020.
The Board also declared the following Cumulative Redeemable
Second Preferred Share Dividends:
Shares |
TSX StockSymbol |
DividendPer Share ($) |
Record Date(2020) |
Payment Date(2020) |
Series Y 3.403% |
CU.PR.C |
0.2126875 |
06-Feb |
01-Mar |
Series AA 4.90% |
CU.PR.D |
0.30625 |
06-Feb |
01-Mar |
Series BB 4.90% |
CU.PR.E |
0.30625 |
06-Feb |
01-Mar |
Series CC 4.50% |
CU.PR.F |
0.28125 |
06-Feb |
01-Mar |
Series DD 4.50% |
CU.PR.G |
0.28125 |
06-Feb |
01-Mar |
Series EE 5.25% |
CU.PR.H |
0.328125 |
06-Feb |
01-Mar |
Series FF 4.50% |
CU.PR.I |
0.28125 |
06-Feb |
01-Mar |
These dividends are eligible dividends within the meaning of the
Income Tax Act (Canada).
With approximately 5,000 employees and assets of $22
billion, Canadian Utilities Limited is an ATCO company. Canadian
Utilities Limited is a diversified global energy infrastructure
corporation delivering service excellence and innovative business
solutions in Electricity (electricity generation,
transmission and distribution), Pipelines & Liquids (natural
gas transmission, distribution and infrastructure development; and
energy storage and industrial water solutions) and Retail Energy
(electricity and natural gas retail sales). More information can be
found at www.canadianutilities.com.
Media & Investor Inquiries:
D.A. (Dennis) DeChamplainExecutive Vice President & Chief
Financial Officer403-292-7502
Forward-Looking Information:
Certain statements contained in this news release may constitute
forward-looking information. Forward-looking information is often,
but not always, identified by the use of words such as
“anticipate”, “plan”, “estimate”, “expect”, “may”, “will”,
“intend”, “should”, and similar expressions.
Forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking information.
The Company’s actual results could differ materially from those
anticipated in this forward-looking information as a result of
regulatory decisions, competitive factors in the industries in
which the Company operates, prevailing economic conditions, and
other factors, many of which are beyond the control of the
Company.
The Company believes that the expectations reflected in the
forward-looking information are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon.
Any forward-looking information contained in this news release
represents the Company’s expectations as of the date hereof and is
subject to change after such date. The Company disclaims any
intention or obligation to update or revise any forward-looking
information whether as a result of new information, future events
or otherwise, except as required by applicable securities
legislation.
PDF
available: http://ml.globenewswire.com/Resource/Download/0873c1d7-336a-4992-af3c-5d8580a80884
Canadian Utilities (TSX:CU.PR.F)
Historical Stock Chart
From Oct 2024 to Nov 2024
Canadian Utilities (TSX:CU.PR.F)
Historical Stock Chart
From Nov 2023 to Nov 2024